https://www.taxtmi.com/caselaws?id=358387 The Tribunal partially allowed the appeal, upholding the disallowance under Section 14A r.w. Rule 8D by the Assessing Officer. It emphasized the necessity of the AO's satisfaction and directed consideration of only investments yielding exempt income for disallowance under Rule 8D(2)(iii). The Tribunal admitted and adjudicated additional grounds raised by the assessee, providing detailed legal reasoning and specific guidance on the treatment of investments for disallowance purposes. en-us Wed, 28 Mar 2018 00:00:00 +0530 Wed, 11 Apr 2018 08:02:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358387 The Tribunal partially allowed the appeal, upholding the disallowance under Section 14A r.w. Rule 8D by the Assessing Officer. It emphasized the necessity of the AO's satisfaction and directed consideration of only investments yielding exempt income for disallowance under Rule 8D(2)(iii). The Tribunal admitted and adjudicated additional grounds raised by the assessee, providing detailed legal reasoning and specific guidance on the treatment of investments for disallowance purposes. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358387